SG Americas Securities LLC Invests $144,000 in Five Star Bancorp (NASDAQ:FSBC)

SG Americas Securities LLC acquired a new stake in shares of Five Star Bancorp (NASDAQ:FSBC) in the fourth quarter, HoldingsChannel reports. The fund acquired 5,490 shares of the company’s stock, valued at approximately $144,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD lifted its holdings in shares of Five Star Bancorp by 41.3% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 1,437,051 shares of the company’s stock valued at $37,967,000 after buying an additional 419,779 shares during the last quarter. BlackRock Inc. grew its position in Five Star Bancorp by 25.3% in the second quarter. BlackRock Inc. now owns 912,937 shares of the company’s stock worth $20,422,000 after acquiring an additional 184,574 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Five Star Bancorp by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 533,968 shares of the company’s stock worth $10,711,000 after purchasing an additional 1,424 shares during the last quarter. Captrust Financial Advisors raised its holdings in shares of Five Star Bancorp by 24.3% during the 4th quarter. Captrust Financial Advisors now owns 425,088 shares of the company’s stock valued at $11,579,000 after purchasing an additional 82,974 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Five Star Bancorp by 2.2% in the 1st quarter. Invesco Ltd. now owns 381,240 shares of the company’s stock valued at $10,788,000 after purchasing an additional 8,263 shares during the last quarter. Hedge funds and other institutional investors own 46.94% of the company’s stock.

Wall Street Analyst Weigh In

FSBC has been the topic of several recent research reports. Keefe, Bruyette & Woods restated a “market perform” rating and set a $27.00 target price on shares of Five Star Bancorp in a report on Monday, April 1st. DA Davidson reaffirmed a “buy” rating and set a $29.00 target price on shares of Five Star Bancorp in a research report on Monday, April 1st.

Five Star Bancorp Price Performance

Shares of Five Star Bancorp stock opened at $21.48 on Wednesday. The firm has a fifty day moving average price of $22.98 and a two-hundred day moving average price of $22.90. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.09 and a quick ratio of 1.09. The company has a market cap of $372.68 million, a PE ratio of 7.73 and a beta of 0.37. Five Star Bancorp has a fifty-two week low of $17.74 and a fifty-two week high of $28.25.

Five Star Bancorp (NASDAQ:FSBC) last announced its quarterly earnings results on Monday, January 29th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.03. The firm had revenue of $28.61 million for the quarter. Five Star Bancorp had a net margin of 26.24% and a return on equity of 17.52%. Analysts expect that Five Star Bancorp will post 2.23 EPS for the current year.

Five Star Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, February 12th. Shareholders of record on Monday, February 5th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date was Friday, February 2nd. Five Star Bancorp’s dividend payout ratio is 28.78%.

Insiders Place Their Bets

In other news, Director Robert Truxtun Perry-Smith acquired 80,460 shares of the company’s stock in a transaction dated Thursday, March 28th. The stock was bought at an average price of $21.75 per share, with a total value of $1,750,005.00. Following the completion of the acquisition, the director now owns 227,638 shares in the company, valued at approximately $4,951,126.50. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 25.57% of the company’s stock.

Five Star Bancorp Profile

Five Star Bancorp operates as the bank holding company for Five Star Bank that provides a range of banking products and services to small and medium-sized businesses, professionals, and individuals in Northern California. It accepts various deposits, such as money market accounts, noninterest-bearing and interest checking accounts, savings accounts, term certificate accounts, and time deposits.